Unemployment on the up in Iceland
Iceland’s unemployment rate increased to 4.6 per cent in February, marking a slight year-on-year rise of 0.2 per cent, according to data published by ...
Greenland’s Aluu Airlines postpones June launch date
Aluu Airlines, a new Greenlandic carrier, has confirmed that it will not be launching on 1 June as initially scheduled and has not given a new date fo...
Kaupthing bankers jailed for fraud in Iceland
Iceland’s Supreme Court has rejected appeals by four Kaupthing executives and upheld their prison sentences for their part in the country’s 2008 finan...
Icelandic exporting more cod to Spain than anywhere else
Spain has overtaken the UK to become Iceland’s number one cod market in terms of volumes, revealed Marko Partners’ Seafood Intelligence Report. In 201...
Fisheries chairman: Industry needs political stability
Iceland’s fisheries are finding it difficult to plan for the future because of political instability and ongoing policy shifts, according to the new F...
Faroe Islands FTA with Turkey another blow for Scottish pelagic industry
The Faroe Islands have signed a Free Trade Agreement (FTA) with Turkey in a move that Scottish pelagic industry members have described as “another dev...
HB Grandi sees rise in profits
Icelandic fishing company HB Grandi has recorded profit increases of 20 million euros in the third quarter of the year, a year-on-year jump of 106 per...
Agreement for issuing prepaid cards using multi-currency eWallet technology signed by Valitor and Caxton FX
An agreement has been signed between Valitor, the Iceland-based issuing and acquiring services provider, and Caxton FX for the issuing of prepaid card...